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Lot
3869

1857 $1 PR63 PCGS....

2012 July 12-15 US Coin Summer FUN Signature Auction - Orlando #1172

 
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Auction Ended On: Jul 12, 2012
Item Activity: 9 Internet/mail/phone bidders
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Location: Orange County Convention Center
9800 International Drive
Orlando, FL 32819
Description:

Rare Select Proof 1857 Seated Dollar
1857 $1 PR63 PCGS. The 1857 proof Seated dollars were made in the last year before the Mint started publicly marketing proof sets to collectors rather than the merely well-connected. The Guide Book gives no mintage figure, but this is undoubtedly a very rare issue. PCGS' CoinFacts offers 50 pieces as a mintage, and Bowers estimates 50 to 100 pieces. In any case, the present Select proof is one of 14 such at PCGS, with 10 in 64 and a single 65 the finest at that service (5/12). CoinFacts estimates that 40 survive in all grades, which would imply an original mintage larger than 50, in all probability. Generous luster greets the viewer of this piece, with greenish-gold patina on surfaces that may be precluded from an even finer grade by the remnants of a fingerprint in the right obverse field. There are no singular signs of contact, although the strike is soft on the eagle's upper left (facing) wing and sharp otherwise.(Registry values: N4719) (NGC ID# 252B, PCGS# 7000)

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